The Malawi Minister of Finance has published the 2025-26 Mid-Year Budget Review Statement, which was presented on 21 November 2025. The tax measures outlined in the statement were approved by the Malawi Parliament as part of the Taxation (Amendment) (No. 2) Bill (Act) of 2025 on 2 December 2025. Some of the main measures are summarized as follows:
- The monthly PAYE income tax brackets/rates are revised as follows, including the removal of the 25% bracket and the introduction of a 40% bracket…